Price Action
- Thread starter Kooka30
- Start date
Traders placing record bets on dollar collapse – Bloomberg
Traders are betting big that the US dollar will keep falling, Bloomberg reports
then the stocks CRASHED is up next
This month or even by mondays close could be the last time to get some good buys/holdings in Aust. silver miners.
Crash? Who is talking about that? Some members here have been following silver since the 80s and know what pos can do .... there is a gapup before the outbreak that i am fearful to. Past experiences on charts have all ways had that gapup close.Crash - my Arse
Look at those charts !
Silver $110 +
Gold $7000 +
I'm looking at my stack with a fucking Big Grin on my face at those Prices
Just my opinion !
It looks to me that there is serious pressure to push the price of PM's down, but the keep bouncing back.
Buy the dip is putting a floor under both Gold & Silver.
Silver way overshot at $120/oz USD, but I reckon a slow grind back to $100/oz USD is doable.
If Gold consolidates around $5000/oz for a while, I see that as a positive to build on later in the year.
What are ur thoughts ?
It looks to me that there is serious pressure to push the price of PM's down, but the keep bouncing back.
Buy the dip is putting a floor under both Gold & Silver.
Silver way overshot at $120/oz USD, but I reckon a slow grind back to $100/oz USD is doable.
If Gold consolidates around $5000/oz for a while, I see that as a positive to build on later in the year.
What are ur thoughts ?
A flow of Articles like this underpins my thoughts that Silver has a higher price into the Future.Just my opinion !
It looks to me that there is serious pressure to push the price of PM's down, but the keep bouncing back.
Buy the dip is putting a floor under both Gold & Silver.
Silver way overshot at $120/oz USD, but I reckon a slow grind back to $100/oz USD is doable.
If Gold consolidates around $5000/oz for a while, I see that as a positive to build on later in the year.
What are ur thoughts ?
Plus 6 years of Structural Supply Deficits, with no short to medium term increase in supply forecast
Silver imports surge 129% to $7.77 billion as precious metal demand keeps India’s import bill elevated
Link :- https://kalingatv.com/business/silv...tal-demand-keeps-indias-import-bill-elevated/
Just my opinion !
It looks to me that there is serious pressure to push the price of PM's down, but the keep bouncing back.
Buy the dip is putting a floor under both Gold & Silver.
Silver way overshot at $120/oz USD, but I reckon a slow grind back to $100/oz USD is doable.
If Gold consolidates around $5000/oz for a while, I see that as a positive to build on later in the year.
What are ur thoughts ?
On the Facebook groups people are getting laughed at for requesting to buy silver for $10-$15 over spot. More buyers than seller, and those who do sell are typically asking dealer premiums or more. We've seen premiums increase 10x since early 2020. A portion of the premium has always been justified due to minting costs but the rest is just a tax on paper silver (and price gouging). The market has evolved so much that the silver we once knew 12 months ago is just a shadow of the silver we have today, and the silver we have today is unrecognisable to the silver we once knew 5+ years ago.
I do have 2 charts that are open for analizing.Just my opinion !
It looks to me that there is serious pressure to push the price of PM's down, but the keep bouncing back.
Buy the dip is putting a floor under both Gold & Silver.
Silver way overshot at $120/oz USD, but I reckon a slow grind back to $100/oz USD is doable.
If Gold consolidates around $5000/oz for a while, I see that as a positive to build on later in the year.
What are ur thoughts ?
One medium-term and one short-term
